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Economy

KC Foreclosures Leap

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photo by dan verbeck
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http://stream.publicbroadcasting.net/production/mp3/kcur/local-kcur-918483.mp3

Kansas City, MO – Home foreclosures in the Kansas City metro region rose 11 percent from June to July. That's an additional 19 hundred homes, according to the Kansas City Business Journal.

Nationwide, foreclosures rose 4 percent in July, far fewer than the KC metro jump.

Jackson County had the most with one in every 281 houses, followed by Wyandotte County, one in every 294 homes. Johnson was lowest. it saw 283 foreclosure filings. The Business Journal reports that amounted to one in every 767 homes.

Brian Kaberline, Editor of the Business Journal says--" it just kind of follows what you would think. We had another story that was in our paper this week that was rating the zip codes by affluence. And I think 15 of the top 17 were in Johnson County. And I think one was in Kansas City in the top ten."

The 11 percent rise is worth nothing, because the figure is 12 percent lower than July of last year.

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